168 Pearl Street, Chelsea MA 02150

Chelsea, MA 02150 • Bellingham Square
$1,125,000
Est. $6,733/month
Estimate assumptions

20% down, a 30-year loan at 6.5%, and $200/month estimated insurance.

Includes the supplied property-tax and HOA inputs; missing inputs contribute $0. HOA fees with an unspecified frequency are treated as monthly. PMI and closing costs are excluded.

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4
Beds
4
Baths
3,042
Sq Ft
$370
Price/Sq Ft
0.04
Acres
1910
Year Built
6 hours 24 minutes
Time on Market
For Sale Listed Sep 15, 2026 • MLS# 73577082 Copied! • Updated Sep 15, 2026

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About this home

168 Pearl Street is a four family brick building located in the sought after Chelsea Submarket near Boston which consistently is one of the strongest rental markets in the entire Metro. This property consists of (4) 1 Bedroom/1 Bathroom units. The building is currently 100% occupied and with all units on Tenant-At-Will Agreements. This commuter location provides easy access to Logan Airport, Downtown Boston and Cambridge/Somerville. The MBTA Bus Line is a short walk from the property.

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Recently Sold Nearby

Property History

Property Timeline

🏠
Listed for Sale
Sep 15, 2026
$1,125,000
Original listing
Agent: Evan Griffith Office: Marcus & Millichap Real Estate Investment Services

Tax History

Year Taxes Assessment
2026 $10,128 $910,200

Financial Details

Annual Property Tax
$10,128
Tax Year 2026
Assessed Value
$910,200

Facts & Features

Home Facts

Type Residential Income
Style 4 Family
Year Built 1910
Living Area 3,042 sq ft
Lot Size 0.04 acres
Stories 4
Bedrooms 4
Full Baths 4
Total Rooms 12

Investment Metrics

Units 4
Unit 1 Rent $1,550/mo · N
Unit 2 Rent $1,600/mo · N
Unit 3 Rent $1,600/mo
Unit 4 Rent $1,532/mo
Total Monthly Rent $6,282/mo
Gross Income $75,384
Net Operating Income $49,614
Operating Expenses $23,508
Cap Rate 4.41%
Heating None
Cooling None
Flooring None
Appliances None
Fireplace None
Basement Partially Finished
Laundry None
Features None
Construction None
Architecture None
Roof None
Features None
Pool None
Spa None
Fencing None
Patio/Porch None
Features None
Electric None
Water Public
Sewer Public Sewer
Gas None
Other None

Financial

Annual Tax $10,128
Assessed Value $910,200
Fee Includes None
Amenities None
Optional Fee Includes None
Lead Paint Unknown
Seller Disclosures None
Possession None
Accepted Financing None
Structure Type []
Sq Ft Source Public Record
Documents None
County Suffolk

Property Overview

Property Type
4 Family
Listing Type
For Sale
Year Built
1910
Bedrooms
4
Full Bathrooms
4
Living Area
3,042 sq ft
Total Rooms
12
Stories
4
Levels
4

Floor Layout

Interior Features

Flooring:
Appliances:
Interior Features:
Windows:
Basement: Partially Finished
Laundry:
Security:

Construction & Materials

Year Built: 1910
Structure Type:
Exterior Materials:
Roof:
Foundation: Concrete Perimeter
Stories: 4

Heating, Cooling & Utilities

Heating:
Cooling:
Hot Water:
Water Source: Public
Sewer: Public Sewer
Energy Features:

Exterior & Lot

Exterior Features:
Patio & Porch:
Fencing:
Other Structures:
Lot Features: Corner Lot
Road Surface:

Parking & Garage

Parking Features:
School District
Chelsea School District local
C-
School Safety 2024-25
5.2% Above Average
2.9% Suspensions 1.7% In-School 2.3% Emergency
0.3% below state avg
E

Elementary Schools

3 schools
Shurtleff Early Childhood School
< 0.1 mi
769 students Less Diverse
Grades PK-01
St. Rose Elementary School
0.3 mi
Grades PK-08
O'Donnell Elementary
0.9 mi
M

Middle Schools

3 schools
C-
Joseph A. Browne School
0.2 mi | #285 of 352 | Score: 33.1
Improved 61 spots from last year
-25.2 below state avg
501 students Less Diverse
Rising School
Grades 05-08
B
Eugene Wright Science and Technology Academy
0.2 mi | #9 of 16 | Score: 30.0
Improved 348 spots from last year
-28.2 below state avg
418 students Less Diverse
Rising School
Grades 05-08
D
Clark Avenue School
0.5 mi | #329 of 352 | Score: 28.2
Improved 32 spots from last year
-30 below state avg
641 students Less Diverse
Rising School
Grades 05-08
H

High Schools

3 schools
C-
East Boston High School
0.7 mi | #300 of 346 | Score: 38.2
Improved 36 spots from last year
-20 below state avg
1,181 students Moderate
14 sports • 584 athletes
Early College Program Rising School
Grades 07-12
C
Chelsea Opportunity Academy
0.7 mi | #294 of 346 | Score: 59.3
Same rank as last year
115 students Less Diverse
College Ready Curriculum
Grades 09-12
C-
Chelsea High School
0.7 mi | #284 of 346 | Score: 43.0
Improved 24 spots from last year
-15.2 below state avg
1,532 students Less Diverse
12 sports • 796 athletes
Early College Program Rising School College Ready Curriculum
Grades 09-12
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Monthly Payment Calculator

Monthly Payment
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Principal, interest, taxes & insurance
Loan Amount
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After down payment
Total Interest
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Over life of loan
Total Cost
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Including down payment
%
Down: $0
%

Monthly Payment Breakdown

Principal & Interest $0
Property Tax $844
Homeowners Insurance $200
PMI (if <20% down) $0

Loan Summary

Total of 360 payments $0
Total principal paid $0
Total interest paid $0

Rate Impact

-0.5% Rate
$0/mo
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Current Rate
$0/mo
+0.5% Rate
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Cost $0/mo

Payment Over Time

Interest
Principal
Year 1
95% Interest
Year 15
50/50
Year 30
95% Principal
* Estimates only. Actual payments may vary. Consult with a lender for accurate figures.

Location

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Neighborhood

Bellingham Square

168 Pearl Street, Chelsea MA 02150

Chelsea, MA 02150

Listing Information

Listing Agent Evan Griffith
Listing Office Marcus & Millichap Real Estate Investment Services
Office Phone 617-896-7200
Agent MLS ID CN212675
Office MLS ID AN1252
Listing Data Updated Sep 15, 2026 7:45 AM EDT
Listing information is deemed reliable but not guaranteed. Data provided by MLS Property Information Network, Inc. All information should be independently verified.

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